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04 February 2021

EIB unveils backs new financings worth €5.3bn

The European Investment Bank (EIB) has approved new financing worth a total of €5.3 billion to strengthen investment by companies and public services hit by...

04 February 2021

DBSA launches €200m green bond

The Development Bank of Southern Africa has announced the launch of its first green bond. The €200 million bond was issued through a private placement with the...

04 February 2021
in
Social infrastructure

BSTDB and NDB sign €100m deal to support Russian maritime

The New Development Bank and the Black Sea Trade and Development Bank have signed a €100 million loan deal for the Russian Maritime Sector Support Program. The...

04 February 2021

EIB, CEB sign European social housing agreement

France's Social Union for Housing, the Banque des Territoires, the European Investment Bank and the Council of Europe Development Bank have established a partnership...

04 February 2021
in
Social infrastructure

EBRD and EU support rehabilitation of Albanian railway

The first large-scale overhaul of the railway network in Albania is ready to start with the signing of a first contract for rehabilitation works between the state...

03 February 2021
in
Mining

Bacanora seeks $60m to pay for stage 1 of Sonora project

AIM-listed Bacanora Lithium has announced a proposed issuance of new ordinary shares to raise gross proceeds of approximately $60 million to finance the construction of...

03 February 2021
in
Waste and water

CEB finances water and wastewater projects in Lithuania, Finland

The Council of Europe Development Bank (CEB) will support the Helsinki Region Environmental Services Authority and Lithuania's Kaunas Water Company in their efforts...

03 February 2021
in
Manufacturing, Traditional energy

EBRD agrees €300m loan to Tunisian utility company STEG

The European Bank for Reconstruction and Development is providing a €300 million financing package to Société Tunisienne de l’Electricité...

03 February 2021

DFC unveils new members of Biden-Harris administration leadership

The US International Development Finance Corporation has unveiled new members of the agency’s leadership team, including DFC’s new Chief Operating Officer,...

03 February 2021

World Bank prices 10-year USD Sustainable Development Bond

The World Bank has priced a $3.5 billion ten-year Sustainable Development Bond, maturing in February 2031.BofA Securities, Citi, JP Morgan, RBC Capital Markets are the...

03 February 2021
in
Mining

Xiamen Xiangyu steel plant closes ECA-covered loan

Obsidian Stainless Steel – a joint venture between China’s state-owned Xiamen Xiangyu (51%) and Jiangsu Delong Nickel Industry (49%) – reached financial...

03 February 2021
in
Renewable energy, Traditional energy, Waste and water

Germany provides €125m for sustainable development in Albania

German development bank KfW has agreed financing to Albania for the rehabilitation of hydropower plant Fierza, waste management projects, and regional development.Germany...

03 February 2021

CEB hails 2020 financial results amid COVID-19 crisis

The Council of Europe Development Bank (CEB) unaudited 2020 results show a net of €74.8 million in 2020 compared to €104.7 million in 2019 (-28.5%) in a period...

03 February 2021
in
Social infrastructure

BNDES approves $549m loan for Sao Paulo highway system

Brazilian development bank BNDES has approved a BRL3 billion ($549 million) loan for construction work on the brownfield Piracicaba-Panorama (PiPa) highway in the state...

03 February 2021

DEG, Proparco boost Mauritian SMEs with $65m deal

France's Proparco and its German counterpart DEG have signed a $65 million loan deal with Mauritius Commercial Bank to support Mauritian businesses affected by the...

02 February 2021

COVID-19 aid boosts KfW’s business volume to an all-time high

German development bank KfW’s promotional business reached a record high of €135.3 billion (+75%) in 2020. The main drivers of the strong growth were the...

02 February 2021

CEB boosts SME financing in Albania

The Council of Europe Development Bank (CEB) has approved a €15 million loan to ProCredit Bank Albania to provide small and medium-sized enterprises with access to...

02 February 2021

IDB Invest launches Sustainable Debt Framework

IDB Invest, the private sector arm of the IDB Group, has published its Sustainable Debt Framework, which it will use to issue green, social and sustainability bonds and...

02 February 2021

AFD sets 2021 funding target at €9bn

France's Agence Française de Développement has approved its 2021 funding program, setting the target at €9 billion. The agency will finance...

02 February 2021

IDB Invest and Banco Davivienda Salvadoreño sign $100m green financing

IDB Invest has signed a financing package for up to $100 million with Banco Davivienda Salvadoreño in El Salvador.The operation, with a tenor of five years, is...